Signz's Posts
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Empredboy:EXACTLY!!!!!!!!!! Also people from other Ecowas nations come to Balogun, Computer Village, Trade Fair, etc to buy goods and transport by road. Watch as importers will start diverting some of their containers meant for Nigeria to Ghana and it'll affect our govt revenue. We're losing manufacturers to Ghana and now we're about to lose importers to Ghana. |
Badonasty:Please go to front page now and see that Export has been included. Thank you |
Badonasty:Which advanced nation passed thru this hardship? Was there a time Japan closed their borders? China had a policy like this under Mao. Millions died and millions more fell into abject poverty. What happened next? Deng Xiaoping came and opened the Chinese market to international trade. What happened next will shock us. According to the World Bank, more than 850 million people have lifted themselves out of extreme poverty as China's poverty rate fell from 88 percent in 1981 to 0.7 percent in 2015. Nigerians should please google how Deng Xiaoping did it. Read up on economics,google how other nations did theirs. Please don't allow serpents deceive you into believing that this border blockage is good. Nigerian businessmen also export goods to Ecowas Community and these businesses pay tax. Ecowas trade is worth $300 bn annually. |
Nigerians must understand that border closure will not last forever, I'm not sure it will even last till October next year because of pressure from Ecowas member states to Nigerian diplomats, economists,etc. We should remember that we didn't stop our exports from going out. Infact there's no hindrance to our exports. Our act is totally unfair to the ECOWAS trade pact that we signed. This will affect ordinary Nigerian businessmen that export goods to our West African neighbors on the long run. Once they able to get alternatives especially from East Africa then we're toast. Remember, they signed AFCTA before Nigeria could say Jack.... Like an economists said on Radio that what Nigeria is doing is like a man whose water tank is leaking and he stands to block the leakage with his fingers. Will he stand there forever or will he go and find something to fix the leakage? FG must find out why it is expensive for business people to do the right things/following the rule book and cheaper for them to break the law. Buhari must devolve power from the center to the states/regions and private sector to build rails,roads and Bridges. Please I don't like that new policy of companies building roads with the taxes they were supposed to pay, I don't think it's wise. Meanwhile we've not asked why is it that northern borders are open and borders down here are blocked. I can still smuggle things from Cotonou through Niger Republic ![]() |
chris51:I don't know about it being more nutritious, all I know is that it's very sweet (has more sugar). Most pineapple consumed in Lagos are from rep of Benin. However, the main problem with Nigeria is lack of infrastructure that makes trade amongst states within Nigeria easier. In other words doing business in Nigeria is expensive simply because of logistics. Example, Enugu state have arguably the biggest pineapple farm in Nigeria run by a Mexican firm. Now this has also motivated other small subsistence farmers to go into pineapple farming in the state. Enugu have the ability to be the pineapple capital of Nigeria and can supply the Lagos market pineapple. However, there's no railway line linking Enugu to Lagos or even Edo to Lagos. The Fed roads are horrible and also add the multiple duties that'll be paid to agberos and police officers from Enugu to Lagos. The cost is already very high, making business sense for business people to smuggle in pineapple from cotonou simply because it's cheaper. It's also reason why it's cheaper to smuggle in foreign strawberries, bell peppers, etc from cotonou instead of getting them from Jos. The FG must fix our roads, Bridges, railways and also do something about too many duties, multiple taxations that makes ease of doing business impossible |
tbaba1234:Why do you think Rohr doesn't fancy Eze? Is it his playing style or is it that Eze doesn't have the "right Agent"? |
quickberry2:If most of the money borrowed by this govt were used for developmental projects, people wont be complaining. Most of our debts goes to recurrent expenditure, debt servicing and misappropriation of funds. Just look at today's Business day reporting that the CBN financed FG to the tune of over 4 trillion naira in 2018 which is against the CBN rule. So let's ask ourselves, what did the FG do with all that money including the ones we borrowed? As for the OP, I have hope that Salami and Soludo will tell the President the gospel truth about how to make Nigeria productive and business friendly. The problem is, will Buhari put to action their recommendations? Your guess is as good as mine. |
I don't understand why most people here are making fun of Saraki instead of asking why Buhari didn't sign that bill into law. |
TheShopKeeper:The bill was passed by Saraki led Senate but President Buhari didn't sign it into law. |
Lies! Lies! Lies! If true, why are they trying to be bring back road tax, data & dstv tax, etc. Why are they impoverishing Nigerians with increase in taxes. This is simply AUDIO MONEY |
Blue3k:Exactly!!! I heard a rumour somewhere that another company may sue us because of Mambila power project. P&ID just opened the eyes of many foreign companies |
Yankee101:Everything you said here is perfect. However, Nigeria is notorious for always reneging on contracts signed. It has happened over and over given the reason why P&ID and the cabal that time agreed for contact to be under the UK law. An Oil expert on radio program said that contracts like this have always been one of the ways our elites syphon oil money from the NNPC from inception. A friend who's doing his MBA in LBS told me that because of this well publicised P&ID issue, there are fears by economists that most foreign companies wanting to do business with our FG may likely include that the contracts must be under the British law. |
KingOfAllIgbos:Ok now are we not about to cough out $450 m ![]() $450m just like that before our appeal is heard. $250m to the company to be paid in 60 days and $200m to the court to be paid before 14 days or vice versa if I'm not mistaken. Just another $400m and it'll be equal to $850m that GEJ agreed to be paid to them. By the time the case is over, we may cough out up to $1bn. Are we sure that we'll get judgement at the appeal? I'm not a lawyer but whatever Justice Belgore told them was actually what nailed us and we may finally nail us in the appeal. |
KingOfAllIgbos:GIST |
Saudi is now thinking about a world without oil. They produce at least 10m barrels per day but they're now diversifying. Meanwhile our beloved Nigeria is still wasting money looking for oil in Lake Chad, a place with all due respect doesn't have oil in Large quantities. We've still not put in place critical infrastructures that'll help speed up the diversification of our economy. It's as if we don't want to diversify. Infcat our Leaders still believe that something will still happen and oil prices will increase to above $100. Saudi lost 5m barrels per day and the price moved up by an inch, wise people should've seen it as a danger sign but no not us. Our biggest customer India says in about 2 years all public buses will be electric. |
tbaba1234:Well it's all over for Super Eagles, Tomori will soon be capped by the 3 Lions |
He's just testing the waters. Sai Baba is going for 3rd term. In the event that 3rd term fails (highly unlikely or except to Ill health), Rumour has it that the cabal wants to hand over to a Kanuri from North East with the excuse that they've never produced a President. |
eaglechild:As you can see from this thread nothing is happening in Enugu. Few days ago, #Gburugburuisnotworking trended on Twitter. Like Nigeria, I'm also hearing that Enugu is broke. Reason why we're amongst states without commissioners. |
I don't blame Woke, if I was in his shoes I'll probably do same. Especially now that it's certain that Sai Baba will get his 3rd term wish. |
I guess he's one of the PDP governors that Wike was talking about. |
ChimaAdeoye:. [/b]Our international airport seems to have entered voicemail[b] December Reopening Not Realistic – Source There are strong indications that the December 2019 date for reopening of the Akanu Ibiam International Airport, Enugu State, may not be feasible. Investigations by The Guardian revealed that more than two weeks after the airport was shut to traffic to make way for the repair of its runway and general rehabilitation, work is yet to commence even as there is no budget to that effect. It was further gathered that even the contracts outlined were yet to be awarded as a result of the Federal Government’s inability to decide, which construction firm (between Julius Berger and PW) was suited for the job, scope of work to be embarked upon, and the road repairs in the zone aimed at cushioning the effect of the closure. The airport was closed on August 24. The Minister of Aviation, Hadi Sarika, told reporters after his meeting with southeast governors, Ohanaeze Ndigbo, and other stakeholders in Enugu, last weekend, that the airport’s runway would be rehabilitated and extended, damaged tarmac rebuilt, and new landing equipment with night landing facility installed, but failed to disclose the contract sum and who among the contractors had been awarded the job. Southeast governors on their own did not hide their preference for Julius Berger following alleged poor job earlier done on the runway by PW. A competent source in the Aviation Ministry told The Guardian that funding may delay the work as about N6.5b is needed to rehabilitate and expand the runway alone, while another N1.5b will be required to fix the runway lights and bring it to international standard. The source added that while the runway would be expanded from three kilometres to about 3.6 kilometres, the fencing of the airport to enhance security may take an additional N100m. The source further disclosed that the delay in the takeoff of works was compounded by the level of disrepair on alternative routes suggested by the Federal Government for air users in the zone to get to Owerri, Asaba and Port Harcourt airports. The alternative routes in the South East, which, would serve as palliatives to the airport’s closure are completely impassable, without immediate intervention, they would not serve that purpose. Already governors of the zone have written to the Ministry of Works and Housing alerting on the dangers posed by the alternative routes and called for immediate responses. The letter written on September 5, was signed by the Director-General of Southeast Governors’ Forum, Prof. Simeon Ortuanya. It had highlighted the current state of the roads, frustrations that users face and called for emergency repairs. Meanwhile, governors of the zone have inaugurated a Project Supervision and Implementation Committee to oversee the palliative measures suggested by the federal government. The committee led by Chris Okoye, Commissioners of works from the five states; Prof. Fred Eze representing Ohanaeze Ndigbo, and Archbishop Fred Ede, representing the clergy. https://m.guardian.ng/news/no-budget-for-repairs-of-akanu-ibiam-airport/ |
InvertedHammer:[/b]To further butress your point[b] December Reopening Not Realistic – Source There are strong indications that the December 2019 date for reopening of the Akanu Ibiam International Airport, Enugu State, may not be feasible. Investigations by The Guardian revealed that more than two weeks after the airport was shut to traffic to make way for the repair of its runway and general rehabilitation, work is yet to commence even as there is no budget to that effect. It was further gathered that even the contracts outlined were yet to be awarded as a result of the Federal Government’s inability to decide, which construction firm (between Julius Berger and PW) was suited for the job, scope of work to be embarked upon, and the road repairs in the zone aimed at cushioning the effect of the closure. The airport was closed on August 24. The Minister of Aviation, Hadi Sarika, told reporters after his meeting with southeast governors, Ohanaeze Ndigbo, and other stakeholders in Enugu, last weekend, that the airport’s runway would be rehabilitated and extended, damaged tarmac rebuilt, and new landing equipment with night landing facility installed, but failed to disclose the contract sum and who among the contractors had been awarded the job. Southeast governors on their own did not hide their preference for Julius Berger following alleged poor job earlier done on the runway by PW. A competent source in the Aviation Ministry told The Guardian that funding may delay the work as about N6.5b is needed to rehabilitate and expand the runway alone, while another N1.5b will be required to fix the runway lights and bring it to international standard. The source added that while the runway would be expanded from three kilometres to about 3.6 kilometres, the fencing of the airport to enhance security may take an additional N100m. The source further disclosed that the delay in the takeoff of works was compounded by the level of disrepair on alternative routes suggested by the Federal Government for air users in the zone to get to Owerri, Asaba and Port Harcourt airports. The alternative routes in the South East, which, would serve as palliatives to the airport’s closure are completely impassable, without immediate intervention, they would not serve that purpose. Already governors of the zone have written to the Ministry of Works and Housing alerting on the dangers posed by the alternative routes and called for immediate responses. The letter written on September 5, was signed by the Director-General of Southeast Governors’ Forum, Prof. Simeon Ortuanya. It had highlighted the current state of the roads, frustrations that users face and called for emergency repairs. Meanwhile, governors of the zone have inaugurated a Project Supervision and Implementation Committee to oversee the palliative measures suggested by the federal government. The committee led by Chris Okoye, Commissioners of works from the five states; Prof. Fred Eze representing Ohanaeze Ndigbo, and Archbishop Fred Ede, representing the clergy. https://m.guardian.ng/news/no-budget-for-repairs-of-akanu-ibiam-airport/ |
The moment he tries to stop it or even reduce by a huge %percentage, militants will start blowing up oil pipelines and installations again. The reason why it seems like the militants have gone underground is because most of them are now into illegal oil bunkering. |
Chukwueze take style dey "sell fish" |
gamaliel9:Do you know if he's related to Ndubuisi Ndah? Ndubuisi played for Rangers in the 90s and also played in the Maltese league. |
The one that I didn't find funny was the redeployment of Taiwo Salaam from the Transport ministry. I heard him being interviewed by Jimi Disu on Lagostalks and I was shocked that such an intelligent man could be found in Lagos civil service. Hes a thorough bred traffic management professional. If it's possible, he should resign and be a traffic management consultant not just in Nigeria but Africa. |
Flame4chi:How far? Hope you arrived your destination without any bad incident |
komekn:Are you sure? I ask because I think he'll play a big part for Chelsea this season. Immediately I saw him being brought in against Liverpool, I said to myself we've lost this guy. |
Icon4s:Many of his colleagues don't agree with his article. Example every morning in traffic I always listen to Lagos talks 91.3 sportstalk by 8am, the analysts (journalists) Segun Agbede, Dumnodi Okonta, Joseph Faulkner,etc always clamour for the inclusion of Home based players. Infact Segun Agbede even suggested that the NFF should impose home based players on Rohr and programs like sportstalk have huge listenership. So Colin's article is good and timely too. |
jrusky:He can deny it. Fortunately, it wasn't a video of the event that was shown. ![]() |
joseph1832:Shaft has got to be the funniest film I've seen this year. |
There isn't much money to be made in the downstream sector any more, at least by his standard. Buhari wants NNPC to be importing most of our PMS and also the initial gra gra against illegal refineries has stopped, atleast 50% of diesel (very very conservative figure) used in SE/SS are now from illegal refineries. Let's not forget that Buhari is being pressure to increase NEPA bill, liberalise the power sector more so as to attract more investments in that secotr. So it makes business sense for Ote$$$ to divest to power. So to Otedo$$$, money made in the downstream sector now is not worth his time any more. |



